Getty Images Holdings, Inc. announced significant changes to its Board of Directors and has engaged a financial advisor to explore strategic financial options. The company appointed Elizabeth Abrams and Thomas Walper to its board and accepted the resignation of Hilary Schneider. Concurrently, Getty Images has retained Guggenheim Securities, LLC to advise on its previously announced evaluation of strategic financing alternatives and balance sheet management.
Key Details
- Board Appointments: Effective July 20, 2026, Elizabeth Abrams and Thomas Walper have been appointed as new directors. Ms. Abrams will also join the Audit Committee.
- Director Resignation: Hilary Schneider resigned from the Board, Audit Committee, and Compensation Committee, effective July 20, 2026, to focus on other commitments.
- Financial Advisor: The company engaged Guggenheim Securities, LLC to act as a financial advisor for evaluating strategic financing alternatives and balance sheet initiatives.
- Director Compensation: The new directors will each receive a monthly fee of $50,000. Ms. Abrams will receive an additional $10,000 monthly fee for her service on the Audit Committee.